The future of the European sugar market: A case for quotas

The advertised EC policy toward sugar is
clearly to let market drive supply and demand. But
there exist reasons to think that the setting up of the
traditional quota policy was not a consequence of
chance, or of an efficient lobbying system by farmers,
but of practical necessity and of efficiency, in face of
market failures. In view of this reasoning, it is not
impossible that a large crisis in the more or less remote
future leads to reinstall a sugar quota system which
probably should had to be reformed, but should never
have been suppressed.